May 8, 2023
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Lenders targeting SFR/BFR in hot areas such as the southeast
The single-family rental (SFR) and build-for-rent (BFR) space continues to be very liquid as lenders seek alternative lending channels to deploy capital into a relatively safe space. Lenders are well-capitalized but are being extremely cautious and scrutinizing deals more heavily than in the past. More
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Multifamily acquisition of the week: Abberly Riverwalk in Nashville, Tenn.
JLL Capital Markets facilitated the $106M acquisition of Abberly Riverwalk (formerly known as Alta Riverwalk), a 304-unit, three-story, apartment community in Nashville. JLL represented the buyer, HHHunt, and secured the $62M floating-rate bridge loan on behalf of the new owner. More
